Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sets New 1-Year High – Here’s What Happened

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $40.58 and last traded at $40.58, with a volume of 273615 shares changing hands. The stock had previously closed at $39.52.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

The stock has a market cap of $2.34 billion, a PE ratio of 30.38 and a beta of 1.04. The firm’s 50-day moving average is $38.82 and its 200 day moving average is $37.00.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were issued a $0.0327 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This is a positive change from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock valued at $2,306,000 after acquiring an additional 63,060 shares during the last quarter. Triumph Capital Management purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter valued at $131,000. Atlas Wealth LLC acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter valued at $213,000. Creative Financial Designs Inc. ADV raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 28,916 shares of the company’s stock worth $1,018,000 after buying an additional 327 shares during the last quarter. Finally, Copia Wealth Management raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 2.9% during the 4th quarter. Copia Wealth Management now owns 42,586 shares of the company’s stock worth $1,499,000 after buying an additional 1,198 shares during the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.